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SACRAMENTO, Calif. – Small nonfarm businesses in 46 Louisiana parishes and neighboring counties in Mississippi are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration, announced Director Jeffrey Lusk of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by drought in the following primary parishes thatRead more

By Ty Kiisel, June 16, 2021 Small business owners in Baton Rouge, Lafayette, Shreveport, New Orleans, and dozens of other Louisiana towns can’t always do it alone. They need resources to support them in launching, building, and growing their businesses. Whether that’s taking business courses from Louisiana Economic Development (LED), getting a mentor at aRead more

On May 7, Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West reminded Louisiana private nonprofit organizations of the June 7, 2021, deadline to apply for an SBA federal disaster loan for economic injury caused by Hurricane Laura that occurred August 22-27, 2020. Private nonprofits that provide essential services ofRead more

If your business has fewer than 500 employees and meets other eligibility requirements from the Small Business Administration (SBA), you may have qualified for the Paycheck Protection Program (PPP) loans issued to businesses. Even better, if you received the PPP loans, you may be eligible for the forgiveness application. The SBA has approved a simpleRead more

The Small Business Administration’s (SBA) disaster loans are the primary form of Federal assistance for the repair and rebuilding of non-farm, private sector disaster losses. The disaster loan program is the only form of SBA assistance not limited to small businesses. The Economic Injury Disaster Loan Program (EIDL) can provide up to $2 million ofRead more